Principal Spectrum Prefer... (PREF)
| Bid | 18.47 |
| Market Cap | 1.16B |
| AUM | 916.08M |
| NAV | 18.21 |
| EPS (ttm) | n/a |
| PE Ratio (ttm) | n/a |
| Shares Out | 63.8M |
| Inception Date | Jul 11, 2017 |
| Ask | 18.48 |
| Volume | 26.18K |
| Open | 18.45 |
| Previous Close | 18.48 |
| Day's Range | 18.45 - 18.48 |
| 52-Week Range | 18.04 - 18.87 |
| Holdings | 113 |
| Expense Ratio | 0.55% |
About PREF
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt (such debt generally includes the contractual ability to defer payment of interest without accelerating an immediate default event). It concentrates its investments (invests more than 25% of its net assets) in securities in one or more industries within the financial services sector.
Top 10 Holdings 22.99% of assets
| Name | Symbol | Weight |
|---|---|---|
| American Express Co ... | - | 3.51% |
| Wells Fargo & Compan... | - | 3.00% |
| Toronto Dominion Ban... | - | 2.74% |
| Pnc Financial Servic... | - | 2.40% |
| Charles Schwab Corp ... | - | 2.24% |
| Bank Of Nova Scotia ... | - | 2.20% |
| Us Bancorp Jr Subord... | - | 1.78% |
| Huntington Bancshare... | - | 1.74% |
| Capital One Financia... | - | 1.70% |
| Liberty Mutual Group... | - | 1.68% |
Dividends Dividend Yield 4.69%
| Ex-Dividend | Amount | Payment Date |
|---|---|---|
| Apr 1, 2025 | $0.0713 | Apr 3, 2025 |
| Mar 3, 2025 | $0.0774 | Mar 5, 2025 |
| Feb 3, 2025 | $0.0733 | Feb 5, 2025 |
| Dec 27, 2024 | $0.0721 | Dec 31, 2024 |
| Dec 2, 2024 | $0.0728 | Dec 4, 2024 |
1 month ago · seekingalpha.com
PREF: Preferred ETF With Low Volatility, Average Return And A Lot Of BanksPrincipal Spectrum Preferred Securities Active ETF is an income-oriented ETF focusing on preferred securities, primarily from financial companies. The total return of PREF keeps pace with inflation, b...